---
kind: "section"
citation: "31 C.F.R. § 363.136"
title: "31"
number: "363.136"
heading: "Do zero-percent certificates of indebtedness pay interest?"
url: "https://uscodex.org/cfr/31/363.136"
---

# §363.136. Do zero-percent certificates of indebtedness pay interest?


Zero-percent certificates of indebtedness do not pay any interest. However, the Secretary may prescribe a rate of interest, or change the interest rate, for zero-percent certificates of indebtedness by announcement at any time. The new rate would apply to zero-percent certificates of indebtedness issued thereafter, as provided in the announcement. The Secretary's determination of the rate will be final.


## Notes

### Source

Source: 69 FR 50309, Aug. 16, 2004, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3102, et seq.; 31 U.S.C. 3121, et seq.

### Source

Source: 67 FR 64286, Oct. 17, 2002, unless otherwise noted.